Seabird Exploration Wins OBN Source Service Contract with 'Repeat Tier 1 Client'
Offshore seismic survey services firm Seabird Exploration said Friday it had signed a Letter of Award for OBN source services in the Western Hemisphere spanning several projects.The duration of the contract is two years, and the counterparty is "a repeat tier 1 client." The 2009-built Fulmar Explorer source vessel will perform the services. The contract is expected to start in September this year in direct continuation of the current contract. The contracted dayrates are reflective of an improving OBN market, Seabird Exploration said without providing info on the exact amount.
A Seismic Shift
data for offshore wind off the East Coast U.S., extending from Massachusetts to North Carolina to create a higher resolution dataset than publicly available with coverage over the key offshore wind industry focus areas on the U.S. coast.Credit: TGSSeabed MineralsAnother Norwegian seismic company, SeaBird Exploration, has in the past year announced forays into deepsea mining and offshore wind. It launched Green Minerals, a company focused on deep-sea mining of marine minerals and Rare Earth Elements (REE) "key to the green shift," and "eliminating the social costs in onshore mining while
Green Minerals, Oil States Sign LoI for Deep Sea Mining System
ore under its planned pilot in 2026. The recovered ore is expected to contain significant grades of minerals needed for the green shift, such as copper, cobalt, nickel and rare earth elements (REE)," said Green Minerals.Green Minerals, a subsea minerals mining company recently created by Seabird Exploration, a Norway-based provider of seismic survey services wanting to diversify its business suffering from oil price cycles, on Tuesday said it expects to have its marine minerals production system ready in 2026."The company expects the production system to be ready to commence pilot production
Green Minerals' Production System to Be Ready in 2026
Green Minerals, a subsea minerals mining company recently created by Seabird Exploration, a Norway-based provider of seismic survey services wanting to diversify its business suffering from oil price cycles, on Tuesday said it expects to have its marine minerals production system ready in 2026."The company expects the production system to be ready to commence pilot production in 2026," Green Minerals said.Green Minerals is expected to start trading on Euronext Growth Oslo on or about March 23.Seabird Exploration said in January that Green Minerals focus would be deep-sea mining of marine
Norway Eyes Sea Change in Deep Dive for Metals Instead of Oil
and to play its role in greener energy and the growth it offers.Deep-sea mining could generate up to $20 billion in annual revenue for Norway towards 2050 - compared to around $61 billion from oil and gas in 2019 - and create about 20,000 jobs, Oslo-based consultancy Rystad Energy has estimated.Seabird Exploration, which maps out the seabed for oil and gas deposits, plans to list a deep-sea mining subsidiary on the Euronext Growth Oslo small-cap bourse this quarter.The Cyprus-based firm believes production could start by the late 2020s and could apply technologies used in the oil and gas sector."
SeaBird Wins New OBN Survey
Norwegian seismic company SeaBird Exploration has received a letter of intent for the exclusive provision of source vessel services for an ocean bottom node (OBN) survey.The survey will take place in the Eastern Hemisphere, said the global provider of marine acquisition for 2D/3D and 4D seismic data, and associated products and services to the oil and gas industry.The survey is expected to start in Q1 2020, with an approximate duration of 60 – 90 days.SeaBird did not disclose the name of the client nor the value of the contract.SeaBird specializes in high quality operations within the high end
SeaBird Tallies US GoM Contract
SeaBird Exploration announced Friday it has secured a new contract for source work in the US Gulf of Mexico with an unnamed repeat customer. The Osprey Explorer, which recently completed an Ocean-bottom node (OBN) survey for another customer, will perform the work, starting in mid-May 2019. The expected survey duration is 40 to 60 days.
SeaBird Scores Contract Extension
SeaBird Exploration announced Tuesday that its contract for the Eagle Explorer with CGG has been extended by approximately 80 days for another survey in Northern Europe. The contract is now firm until August 15, 2019, with further options for CGG to extend with up to 60 days.The Eagle Explorer has been on a 160-day contract with CGG since acquired in November and completing its 10 year class docking in December 2018 and is currently working as a source vessel in the Gulf of Mexico.
SeaBird Scoops Two Contract Extensions
Marine seismic surveyor SeaBird Exploration announced Thursday it has secured extensions for two existing contracts.The contract for the 2D/3D shallow water vessel Voyager Explorer, which is working on an ocean bottom node survey in the Far East, has been extended by approximately 90 days until March 2019, with an option for another 30 day extension.The 2D long offset/source vessel Osprey Explorer, which is working on an ocean bottom node survey in the the Gulf of Mexico, had its contract extended from initially 60 days to currently approximately 180 days. Following the completion of this contract
February 2024
